Soybean Shock: Trade Wars Trigger Market Drop

Soybean markets crashed on October 11th after President Trump threatened major tariff hikes on Chinese imports, sending prices plummeting and rattling farmers already uneasy from scarce USDA data. With new 100% tariffs looming November 1st, the agriculture sector braces for further volatility, closely watching Washington and Beijing for signs of negotiation or escalation as harvest progresses. Hosted on Acast. See acast.com/privacy for more information.